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New Jersey Assembly Passes Bill To Allow Tesla Sales

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AP Photo/Ng Han Guan
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New Jersey's state Assembly has passed a bill that will allow Tesla to resume selling its electric cars in the state, reports The Star-Ledger. 

Tesla halted sales in the state in April. Tesla operates two showrooms in the state.

The bill would allow Tesla, or any other company that sells zero-emission vehicles directly to consumers, to open up to four stores in the state.

One of the bill's sponsors, Assemblyman Tim Eustace, told The Star-Ledger that he is confident the bill will pass the Senate, but that he has not yet gotten a commitment of support from Senate President Stephen Sweeney. 

Tesla shares had a good day yesterday, gaining more than 8% after The Financial Times reported that the company's electric vehicle competitors Nissan and BMW could seek to collaborate with the company on charging networks.

(via The Star-Ledger) 

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Myles was formerly Business Insider's markets correspondent. He joined Business Insider as a markets reporter in May 2014, coming to BI from The Fly on The Wall where he was a writer for its breaking-news team. He is a graduate of the University of Connecticut.